United States · 
Who invested in ModernFi?
ModernFi's investors include Canapi Ventures, Andreessen Horowitz, NAP and Curql. Canapi Ventures led its latest round.
United States · Series B startup
Who invested in ModernFi
One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 15 Nov 2026
$30Mraised across 1 round since 2025, from 1 source
- Latest round
- Series B, $30MSept 2025
- Led by
- Canapi Ventures
- Investors
- 4 (1 led)
The rounds
- Sept 2025Series B$30M
Reported by AlleyWatchSEC filing: $29M sold, first sale Jun 2025
Funding filed with regulators
ModernFi filed 3 raises, $39M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Jun 2025$29MSEC Form D
- Jul 2024$5.0MSEC Form D
- May 2022$4.5MSEC Form D
Founders and team
From ModernFi's own website: 1 founder, 15 on the team.
Neil UnderwoodCo-founder & Managing Partner
- Alberto J. ParacchiniPresident & CEO
- Amanda StevensCEO
- Christopher D. MaherChairman & CEO
- John AsburyCEO
- Kenneth KellyChairman & CEO
- Amit DhingraChief Enterprise Payments Officer
- Hope DmuchowskiCFO
- Karla X. Villatoro de FriedmanChief Deposit & Administrative Officer & Corporate Secretary
- Robert TurbevilleChief Lending Officer / SEVP
- Tim BowlerChief Innovation Officer, Fixed Income & Data Services
- Travis LanCFO
- David HaberGeneral Partner
- First Independence BankExecutive Chairman
- Frank DiPumaEVP, Director of Enterprise Commercial Products
- Gene LudwigCofounder & Managing Partner
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about ModernFi
How much has ModernFi raised?
ModernFi has raised $30M across 1 round since 2025.
When did ModernFi last raise?
ModernFi's most recent round was a Series B of $30M in Sept 2025, led by Canapi Ventures.
What was ModernFi's biggest round?
Its most recent round, $30M in Sept 2025, is also its largest on record.
Who backed ModernFi first?
ModernFi's first round on record, in Sept 2025, was backed by Canapi Ventures, Andreessen Horowitz and NAP and 1 others.
What stage is ModernFi at?
ModernFi's latest named round is a Series B, in Sept 2025.
Where is ModernFi based?
ModernFi is based in the United States.
Who led ModernFi's rounds?
Canapi Ventures led the Series B in 2025.
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